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Tesla (TSLA) shares bounced over 3% initially afterhours on Wednesday as the electric vehicle (EV) and battery concern run by CEO Elon Musk reported adjusted earnings and revenue that beat Wall Street estimates.Tesla reported adjusted earnings per share (EPS) of $0.41 on revenue of $22.39 billion. Wall Street analysts had predicted $0.35 in adjusted EPS on $22.2 billion in revenue for the quarter.Gross margin rose to 21.1%, beating the prior quarter’s 20.1% ratio. Additionally, free cash flow arrived at $1.44 billion compared to $1.42 billion in the fourth quarter of 2025.TSLA 15-minute chart for April 22, 2026
The PhotoShop maker says AI can complement and not destroy the business
The USD/CAD pair trades on a weaker note near 1.3655 during the Asian trading hours on Wednesday. Tensions in the Strait of Hormuz provide some support to the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD). US President Donald Trump said he will extend the ceasefire with Iran until talks between the two countries have progressed. In a Truth Social post, Trump stated that he would maintain a blockade over ships coming to and from Iran in the Strait of Hormuz. A White House official confirmed in a statement that the US Vice President JD Vance’s trip to Pakistan would not…
Tim Cook will leave the CEO post after 15 years marked by supply-chain dominance.
Deutsche Bank’s Chief UK Economist Sanjay Raja assesses the latest United Kingdom (UK) labour market data as stronger on the surface but still fragile underneath. He notes the surprise drop in unemployment and softer wage growth, which may comfort the Bank of England (BoE). However, he highlights falling payrolls, rising redundancies and weaker hiring intentions, arguing that the UK labour market still shows slack and remains vulnerable.Stronger headline jobs data masks weakness”The UK continues its streak of better-than-expected data. After a thumping GDP print in February, the labour market followed suit. The jobless rate posted a surprise drop to 4.9%…
UBS analysts say the new more affordable menu options further support McDonald’s value strength.
BNP Paribas expects Eurozone Gross Domestic Product (GDP) growth to edge up to 1.6% in 2026 from 1.5% in 2025, supported by German fiscal measures, higher military spending and AI-related investment. However, an energy shock linked to Middle East developments leads the bank to project three European Central Bank (ECB) rate hikes in 2026, taking the deposit rate to 2.75% and raising uncertainty around the outlook.Energy shock drives ECB rate hikes”After holding up well in 2025 (1.5%), growth is expected to strengthen in 2026 (+1.6%).””It is expected to grow at a stable quarterly rate of 0.5% over the year.””The roll-out…
After a three-week-long rally that’s brought the S&P 500 to new record highs, investors are again bracing for uncertainty following a whirlwind of weekend developments concerning the war with Iran.
United States (US) President Donald Trump just confirmed on Truth Social that US representatives are going to Islamabad, where negotiations with Iran will take place on Monday. However, he also ranted on Tehran’s decision to re-close the Strait of Hormuz, and once again, threatened to destroy all Iranian power plants and bridges.Iran decided to fire bullets yesterday in the Strait of Hormuz — A Total Violation of our Ceasefire Agreement! Many of them were aimed at a French Ship, and a Freighter from the United Kingdom. That wasn’t nice, was it? My Representatives are going to Islamabad, Pakistan — They…
“They now intend to bill us for seven to eight months of storage fees.”